Residents at a special Town Meeting in Concord overwhelmingly approved funds for a new Concord-Carlisle Regional High School tonight.
If Carlisle residents support the request at a special Town Meeting Tuesday, an election to allow the towns to override Proposition 2 ½’s limits on property tax increases for the $92.5 million project will be held on Nov. 15.
“We are ecstatic,’’ said Jerry Wedge, the co-chairman of the Concord-Carlisle Regional High School Building Committee. “This vote has been 12 years in the making and we feel incredibly lucky to be partnering with the state to finally realize a new high school.’’
The state in September voted to contribute about $28.8 million to replace the 50-year-old regional school, paving the way for the two towns to vote on the local share. The entire project, including design and construction, will cost about $92.5 million.
If residents approve the override, taxes for the average homeowner in Concord would go up by about $400. In Carlisle, taxes for the average homeowner would go up by about $700.